By Foo Yun Chee BRUSSELS (Reuters) – Europe’s top court on Tuesday gave its backing to European cities cracking down on short-term rentals of private homes to solve a housing crunch, dealing a setback to homesharing site...
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Knaus Tabbert IPO expected to price towards lower end of range: source
FRANKFURT (Reuters) – German caravan maker Knaus Tabbert is guiding investors to expect a pricing of 58-60 euros a share in its initial public offering, a source close to the matter said on Tuesday. Knaus Tabbert is offering its...
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Credit Suisse CEO expects further consolidation in European banking
ZURICH (Reuters) – Credit Suisse <CSGN.S> Chief Executive Thomas Gottstein expects more consolidation in Europe’s banking sector, he said on Tuesday, despite regulatory hurdles to cross-border deals. “We have, on...
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UK and U.S. exchanged tariff offers during trade talks
LONDON (Reuters) – Britain and the United States exchanged their first tariff offers during the fourth round of trade talks, allowing a series of detailed market access discussions to be held, the UK’s Trade Secretary Liz...
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Premier Inn owner to cut 6,000 jobs due to pandemic hit
By Tanishaa Nadkar (Reuters) – Premier Inn owner Whitbread <WTB.L> plans to cut up to 6,000 jobs at its hotels and restaurants as the COVID-19 pandemic ravages the travel and hospitality industries and the British government...
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Pub operator JD Wetherspoon to cut 400-450 airport jobs
LONDON (Reuters) – British pub operator JD Wetherspoon <JDW.L> said on Tuesday it could cut 400 to 450 jobs at its sites at six airports, including London’s Heathrow and Gatwick, because of the large drop in passengers...
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